DEPOSIT DEDUCTIONS Sample Clauses
The Deposit Deductions clause outlines the circumstances under which a portion or all of a security deposit may be withheld by a landlord or service provider. Typically, this clause specifies the types of damages, unpaid rent, or other breaches of agreement that justify deductions from the deposit, and may detail the process for assessing and documenting such deductions. Its core practical function is to protect the interests of the property owner or service provider by providing a clear mechanism for recovering costs resulting from tenant or client non-compliance, while also informing the tenant or client of their financial responsibilities.
DEPOSIT DEDUCTIONS. There will be deducted from the Deposit appropriate charges for: (i) unpaid rent including late charges; (ii) unpaid utilities; (iii) cleaning damages, and required repairs to the Leased Premises or its contents beyond normal wear and tear; (iv) replacing unreturned keys and/or change of locks; (v) cost of removing unauthorized locks and related repairs, if any; (vi) removing and storing abandoned property; (vii) removing abandoned or illegally parked vehicles; (viii) cost of pest control if required by Owner; (ix) trips to admit telephone or cable TV representatives for removal of Tenant=s service; (x) insufficient light bulbs; (xi) stickers, scratches, ▇▇▇▇▇, stains, or holes, etc., in walls, doors, floors, draperies, carpets, and/or furniture; (xii) attorneys= fees and court costs incurred in any eviction proceeding against Tenant; and (xiii) other charges provided for herein or agreed to by the parties hereto. Any balance of the Deposit will be refunded to Tenant by mail within thirty (30) days of the date Tenant surrenders the Leased Premises and keys and delivers Tenant=s forwarding address to Owner in writing. The owner will provide itemized lists of deductions. If deductions exceed the Deposit, Tenant agrees to pay Owner the amount due within ten (10) days of written notice to Tenant by Owner.
DEPOSIT DEDUCTIONS. Damage to the facility (interior or exterior) or furnishings within, unruly behavior, • Not following any of the terms of this agreement or the Community Documents as applicable, • Not adhering to time and access limitation, behavior that is disruptive to the community, • Including, but not limited to, any occurrence or actions that result in additional costs/expenses to the Association. • If the party is closed for non-compliance with this contract by security or the Police Department, the Deposit amount deducted is doubled. This means $1500.00 will be attached to your Homeowner Account and collection pursued. You will be notified of any reported damages or offenses that may require a deduction from the security deposit. Otherwise, your deposit check will be voided and returned within a couple of weeks after the event. If damages/expenses exceed the deposit, the balance due will be applied directly to your Association account. If payment in full is not received within five calendar days from the date of notification of balance due, the amount will be considered delinquent and collection proceedings will be initiated. NO EXCEPTIONS. Initials
DEPOSIT DEDUCTIONS. The Landlord will be entitled to make deductions from the deposit in relation to the following:-
DEPOSIT DEDUCTIONS. Any damage caused, to the Let Property, fixtures and fittings or any furniture provided as part of the Agreement with the exception of fair wear and tear; (ii) Any costs incurred in replacing any items detailed on the ingoing inventory which have been lost or broken, or have disappeared during the Agreement; (iii) Any costs incurred in carrying out any redecoration work in the Let Property where required due to damage caused by the Tenant and/or due to the Tenant having carried out redecoration work without the prior written consent of the Landlord; (iv) Any costs incurred in bringing the garden back to an acceptable standard at the termination of the Agreement; (v) Any interest incurred due to the Tenant’s late payments of rent or administrative or bank charges incurred by cheques not being met; (vi) Any unpaid bills including bills for utility services and local authority taxes; (vii) Any cleaning charges arising from the Let Property not being properly maintained; (viii) Any amounts of rent, which remain unpaid; (ix) Any other costs arising from the Tenant’s failure to fulfil the conditions of this Agreement and landlord consents appended to it.
DEPOSIT DEDUCTIONS. The Landlord will be entitled to make deductions from the deposit in relation to the following:-
(i) Any damage caused, to the Let Property, fixtures and fittings or any furniture provided as part of the Agreement with the exception of fair wear and tear; (ii) Any costs incurred in replacing any items detailed on the ingoing inventory which have been lost or broken, or have disappeared during the Agreement;
DEPOSIT DEDUCTIONS. Should any damages exceed the deposit, the renter is responsible for any and all additional charges. The deposit check will be returned to you within 48 hours after your event, providing the security inspection checklist report is signed and approved by management. In the case that any damages are noted on the security checklist report, the deposit check will be detained by the FLCA Community Management Office. The renter will receive notice in writing and by phone that the renter will be required to schedule a meeting with the FLCA Community Manager to discuss any deductions that are applicable to cover the repair cost of the damages. If damages exceed the deposit and are not paid within the specified time, the balance will be applied directly to your Association account. If payment in full is not received within five calendar days from the date of notification of balance due, the amount will be considered delinquent and collection proceeding will be initiated with NO EXCEPTIONS. ⮚ Possible reasons that your deposit might be held are as follows: Damage to the facility, interior or exterior, or damage to any furnishings within the facility. Not adhering to the event scheduled times and access limitations. Including, but not limited to, any occurrence of actions that result in additional costs to the Association.
DEPOSIT DEDUCTIONS